Tacoma methanol plant canceled

Posted by James Wilson65sc on April 19, 2016

"A proposal to build the world’s largest methanol plant at the Port of Tacoma has been canceled.

Northwest Innovation Works, the China-backed company that had proposed the $3.4 billion facility on the waterfront former Kaiser smelter site, announced Tuesday that the project had been canceled. Vee Godley, the president of Northwest Innovation Works, said regulatory uncertainty was the reason for the cancellation."

Read more of this story by Kate Martin, Derrick Nunnally, and C.R. Roberts at The News Tribune.